The agreement with Wooju includes the
development of next generation security products utilizing their advanced
digital technologies, as well as product distribution in the United States and
Canada under the DIGIMERGE brand name.

This strategic partnership allows
the SVII group of companies to introduce leading edge security solutions to
targeted vertical markets. Wooju's leading-edge hardware and software products
will offer Digimerge a technical edge in the marketplace, and allow the Company
to target security VARs and I.T. system integrators with an exciting line of new
solutions. Marketing will begin immediately, and product sales will begin to add
to the top line by Q3 2004.

The new line-up of DIGIMERGE products will
be publicly launched during the ISC West 2004 trade show from March 30th to
April 2nd in Las Vegas, NV.

'This agreement is a good example of the
international commitment we are making to bring advanced technology to the
security market,' said SVII CEO & Chairman Bernie Klein. 'Wooju's ability to
enhance our line-up of advanced technology with higher margin products will
increase our profitability, and assist us in achieving our Vision 2006 growth
objectives. We look forward to a prosperous partnership with Wooju
Communications.'

About Strategic Vista International Inc. Strategic
Vista International Inc. (?SVII?) [TSX: SVI] is a leading video security
solutions developer, manufacturer and marketer whose consistent record of
profitable growth ranks it among Deloitte's North American 'Technology Fast
500'. SVII?s analog and digital wired and wireless product lines are distributed
via security distributors like ADI in the commercial market (DIGIMERGE brand),
and by mass-market retail partners including Costco, BJ's Warehouse Club, Kmart,
Lowe's Home Improvement Warehouse, Radio Shack, and Sam's Club (SYLVANIA, LOREX,
HOME SENTINEL brands) and Home Depot (ADT brand).

SVII subsidiaries
include Strategic Vista Technologies and Digimerge Technologies, as well as the
international sales & distribution arms Strategic Vista USA and Strategic
Vista Corporation Limited in Hong Kong.

About Wooju Communications Co.
Ltd.

The vision of Wooju Communications is to lead the global security
equipment market as a specialized digital security equipment manufacturer
developing, designing, manufacturing and assembling PCI cards, XDVR, UDVR, web
video servers, multiview software, and wireless cameras for personal,
residential and commercial uses. Based in Incheon, Republic of Korea and
established in 1992 as a manufacturer of video and audio security equipment,
Wooju Communications has diversified its business to the digital sector and
devoted itself to opening new foreign markets. Presently, its exports account
for 90% of total sales.